Searches And Hires
The administrator will be responsible for more than $231 million in retirement assets.
The plan hired one new manager and retained four in its search.
The retirement system will interview six managers at a special board meeting next month.
The plan received four proposals to an RFP issued in June.
The retirement system parted ways with a manager it had worked with since 2009.
The health system is seeking investment advisory firms to provide fiduciary advisory and related services its 401(a) and 457(b) Retirement and Deferred Compensation Plans.
The deferred compensation plan has issued an RFP for up to four fixed-income managers.
The authority is seeking a firm to provide retirement plan assessment, fiduciary review and benchmarking, among other responsibilities.
The commitments fulfill the plan’s 2026 real assets and private equity pacing plans.
The new firm will complement two existing managers within the plan’s international equity portfolio.
